Convert Bolivian Boliviano to Gibraltar Pound
Please provide values below to convert Bolivian Boliviano [BOB] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Bolivian Boliviano.
How to Convert Bolivian Boliviano to Gibraltar Pound
1 BOB = 9.33459408347967 GIP
Example: convert 15 BOB to GIP:
15 BOB = 15 × 9.33459408347967 GIP = 140.018911252195 GIP
Bolivian Boliviano to Gibraltar Pound Conversion Table
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Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.
Gibraltar Pound
The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling and used alongside it locally.
History/Origin
Introduced in 1934, the Gibraltar Pound replaced the Gibraltar Pound issued during the British colonial period. It has maintained a fixed exchange rate with the British Pound since its inception, with coins and banknotes issued specifically for Gibraltar.
Current Use
The Gibraltar Pound is widely used in Gibraltar for everyday transactions, alongside the British Pound Sterling. It is accepted locally and is also used in some border areas of Spain, with coins and banknotes issued by the Government of Gibraltar.